GREY:CAAOF - Post by User
Post by
bmorganstockon May 28, 2019 7:38pm
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Post# 29780073
Insider Ownership Of Cannabis One Holdings
Insider Ownership Of Cannabis One Holdings
While the precise definition of an insider can be subjective, almost everyone considers board members to be insiders. The company management answer to the board; and the latter should represent the interests of shareholders. Notably, sometimes top-level managers are on the board, themselves. Insider ownership is positive when it signals leadership are thinking like the true owners of the company. However, high insider ownership can also give immense power to a small group within the company. This can be negative in some circumstances. Our most recent data indicates that insiders own a reasonable proportion of Cannabis One Holdings Inc.. It has a market capitalization of just CA$145m, and insiders have CA$22m worth of shares in their own names. This may suggest that the founders still own a lot of shares. https://www.google.com/amp/s/finance.yahoo.com/amphtml/news/kind-shareholders-own-cannabis-one-192322400.html